Paratus Telecom and Nomanini partner to bring “business in a box” to Namibia
04 NOVEMBER 2014
SummaryEstablished Namibian ICT provider, Paratus Telecom, has diversified its offering by launching a new mobile airtime distribution service called “Katiti” in partnership with Nomanini. Nomanini is an exhibitor at AfricaCom this year, and can be found at Stand A21, where delegates can view demonstrations of its colourful terminals and cloud-based backend system. http://nomanini.com/africacom/
Established Namibian ICT provider, Paratus Telecom, has diversified its offering by launching a new mobile airtime distribution service called “Katiti”. The service runs on Nomanini’s popular cloud-based mobile point of sale platform and is designed to be used by informal traders and budding entrepreneurs.
John D'Alton, Managing Director: Namibia, Paratus Telecom, explains: “We wanted to bring something new to the market - something that would not only benefit us, and the millions of people who use prepaid phones, but that would also give entrepreneurial individuals an opportunity to supplement their incomes.”
Local vendors are given a brightly coloured and virtually indestructible terminal, or “business in a box” from which they can sell prepaid airtime vouchers. The platform is cloud-based, so vendors simply ‘upload’ airtime when they have internet access. The beauty of the system is that reselling doesn’t require any connectivity or even electricity. The vendor simply selects the type and amount of airtime to be sold and a voucher is printed within seconds.
The device’s battery lasts for five days and is fully charged after just eight hours - ideal for rural areas or places where electricity access is unreliable.
Vahid Monadjem, CEO of Nomanini says: “This launch is so exciting for Nomanini. Namibia is the tenth African country that we have forged a partnership in, and we look forward to embarking on the journey with John and his team.”
Nomanini was recently selected as a finalist for this year’s DAC prize in the category: Taking Development Innovation to Scale. Among the factors that impressed the judging panel was the prospect of better service delivery at lower cost for the poor in Africa, enhanced transparency of micro-payments, and the potential to scale quickly.
About Paratus Telecom
Paratus Telecom was founded as Internet Technologies Namibia in 2005 and was the first privately and 100% wholly-owned Namibian telecommunications operator.
Since inception, Paratus Telecom has established a prolific network across all of Namibia, with additional points of presence in Johannesburg (South Africa), Lisbon (Portugal) and London (UK). This network is commensurate of our ability to provide exceptional customer service at all times.
Today, Paratus still holds its 100% Namibian private ownership and on 20 March 2012 it was issued a Class Comprehensive Telecommunications Service License (ECS & ECNS) following further expansion of its 4G network, and networks that service the Namibian public as well as the private and corporate sectors.
"“We wanted to bring something new to the market - something that would not only benefit us, and the millions of people who use prepaid phones, but that would also give entrepreneurial individuals an opportunity to supplement their incomes.”" John D'Alton, Managing Director: Namibia, Paratus Telecom
"“This launch is so exciting for Nomanini. Namibia is the tenth African country that we have forged a partnership in, and we look forward to embarking on the journey with John and his team.”" Vahid Monadjem, CEO of Nomanini
As the pioneering fintech platform for the informal retail ecosystem, Nomanini connects merchants and distributors to each other and global service providers, integrating payments, working capital, and data analytics to unlock the latent potential of Africa’s economy.
Nomanini turns any mobile device into a retail point-of-sale solution for informal merchants that is connected to an interoperable merchant wallet. The interoperable merchant wallet allows merchants to offer a broad range of digital banking (including cash-in/cash-out), mobile, utility and entertainment services to their customers boosting competitiveness. In turn, digital service providers rapidly increase the scale and reach of their offerings. By generating real-time insights based on transaction data, distributors using the platform gain a single view of their merchant network, ensuring inventory is where it is needed most to improve sales. Distributors can also begin to accept payments for goods electronically, eliminating the risk and inefficiency of collecting cash. With data analytics, Nomanini helps extend working capital loans to merchants via distributors allowing them to invest in inventory to grow their businesses. The increased volume of goods and services set against reduced operational friction increases the profits for all platform participants.
Nomanini was founded in 2010 and is headquartered in South Africa.
For more information, please visit https://www.nomanini.com